MUKLA MANAGEMENT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MUKLA MANAGEMENT
Largest movements
- Financial fixed assets +€198,484
new in 2025: €198,484
- Receivables within one year -€74,259
down €74,259 (-83.1%), from €89,351 to €15,092
of which Trade receivables: -€69,500
- Cash +€29,928
up €29,928 (+227.2%), from €13,172 to €43,100
mainly Debts after one year (+€350,000) and Receivables within one year (+€74,259)
- Stocks and contracts -€6,486
no longer reported in 2025 (was €6,486)
- Debts after one year +€350,000
new in 2025: €350,000
- Other debts -€145,718
down €145,718 (-69.9%), from €208,520 to €62,801
- Trade debts -€51,356
down €51,356 (-82.5%), from €62,236 to €10,880
- Profit (loss) carried forward -€5,436
down €5,436 (-2.3%), from -€238,621 to -€244,057
- Gross operating margin -€25,115
down €25,115, from €20,758 to -€4,357
- Financial charges +€895
up €895 (+2269.7%), from €39 to €935
- Financial income +€717
new in 2025: €717
- Other operating charges +€619
up €619 (+255.8%), from €242 to €861
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €109,010 | €257,392 | +€148,383 | +136.1% |
| Fixed assets | 21/28 | - | €198,484 | +€198,484 | |
| Financial fixed assets | 28 | - | €198,484 | +€198,484 | |
| Current assets | 29/58 | €109,010 | €58,908 | -€50,101 | -46.0% |
| Stocks and contracts in progress | 3 | €6,486 | - | -€6,486 | |
| Stocks | 30/36 | €6,486 | - | -€6,486 | |
| Amounts receivable within one year | 40/41 | €89,351 | €15,092 | -€74,259 | -83.1% |
| Trade receivables | 40 | €69,500 | - | -€69,500 | |
| Other amounts receivable | 41 | €19,851 | €15,092 | -€4,759 | -24.0% |
| Cash at bank and in hand | 54/58 | €13,172 | €43,100 | +€29,928 | +227.2% |
| Deferred charges and accrued income | 490/1 | - | €717 | +€717 | |
| Total equity and liabilities | 10/49 | €109,010 | €257,392 | +€148,383 | +136.1% |
| Equity | 10/15 | -€161,746 | -€167,182 | -€5,436 | -3.4% |
| Contributions | 10/11 | €76,876 | €76,876 | = | 0.0% |
| Capital | 10 | €76,876 | €76,876 | = | 0.0% |
| Issued capital | 100 | €76,876 | €76,876 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€238,621 | -€244,057 | -€5,436 | -2.3% |
| Amounts payable | 17/49 | €270,755 | €424,574 | +€153,819 | +56.8% |
| Amounts payable after more than one year | 17 | - | €350,000 | +€350,000 | |
| Financial debts | 170/4 | - | €350,000 | +€350,000 | |
| Amounts payable within one year | 42/48 | €270,755 | €73,681 | -€197,074 | -72.8% |
| Trade debts | 44 | €62,236 | €10,880 | -€51,356 | -82.5% |
| Suppliers | 440/4 | €62,236 | €10,880 | -€51,356 | -82.5% |
| Other amounts payable | 47/48 | €208,520 | €62,801 | -€145,718 | -69.9% |
| Accrued charges and deferred income | 492/3 | - | €893 | +€893 | |
| Other operating charges | 640/8 | €242 | €861 | +€619 | +255.8% |
| Gross operating margin | 9900 | €20,758 | -€4,357 | -€25,115 | |
| Operating profit (loss) | 9901 | €20,516 | -€5,218 | -€25,734 | |
| Financial income | 75/76B | - | €717 | +€717 | |
| Recurring financial income | 75 | - | €717 | +€717 | |
| Financial charges | 65/66B | €39 | €935 | +€895 | +2269.7% |
| Recurring financial charges | 65 | €39 | €935 | +€895 | +2269.7% |
| Profit (loss) for the period before taxes | 9903 | €20,477 | -€5,436 | -€25,913 | |
| Profit (loss) for the period | 9904 | €20,477 | -€5,436 | -€25,913 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,477 | -€5,436 | -€25,913 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.